A religious Institution registered u/s 12AA of IT Act has rental income from commercial building situated outside the precincts of religious place. Is service tax applicable.

A proprietorship concern enters into a rent agreement & rents a space to be used as showroom for commercial purpose.Instead of using the property itself , the proprietor allows the sister concern which is a pvt co. to use the space for carrying on commercial activity. the co.uses the property for carrying on business for free ie, no sublet agreement has been entered into & no rent is charged by the proprietorship from the company. My query relates to Validity of the transaction.
1) Is it a valid Transaction?
2) Will this transaction entail any tax implication as in tax implication of this transaction in terms of service tax?
please throw some light on the issues related to this transaction.
thanks in advance.

Sir,
My query is

The main contractor is doing Govt contract. and the contact is being done from the sub contractor. the full contract is completed by the sub contractor. As the main contractor is doing govt work he is exempted. Then whether sub contractor is also exempt from Service tax?
and If instead of full contract partial contract is subcontracted whether the tax liability differ? Please help.

hai...
i need to know about, whether service tax is applicable for restaurant in a 3 star hotel......
if applicable means, what is the rate of service tax?if there is any abatement?

If can give appropriate link also...

can service exporters receive advance remittance against export invoices from their associated enterprise located abroad?

According to Notification No 26/2012 dated 20-06-2012 with effect from 01-07-2012 in respect of Construction of a complex, building, civil structure or a part thereof which is intended for sale to a buyer, wholly or partly, service tax is payable on the 25% of the amount charged by such service provider subject to the condition that CENVAT Credit on “inputs” used for providing the taxable service has not been taken under the provisions of the CENVAT Credit Rules, 2004. In other words, Department has given bonanza to builders by allowing them to avail and utilize CENVAT Credit in respect of “input services” and “capital goods” while discharging their service tax liability in respect of Construction Services with effect from 01-07-2012.

Case-1
For Example: we are developing a residential/ commercial building and also planned to sale 80% of flats before issuance of completion certificate and balance of 20% retained as stock-in-trade and to sale it after issuance of completion certificate. According to section 66E of the Finance Act-2012, in case of 80% of sale; service tax applicable; whereas in case of 20% of sale, service tax is not applicable due to consideration received from buyer against the cost of flat after the issuance of completion certificate.

Case-2
We received consideration i.e. 80% of flat cost from prospective buyer before issuance of completion certificate and 20% of flat cost at the time of hand over of possession after the issuance of completion certificate.

Case-3
We accumulated CENVAT Credit at Head Office from the services provided for Plotted Project and other activities on which service tax is not leviable as well as for construction complex services on which service tax is leviable.

Queries

1.What is the implication of CENVAT credit in Case-1 & 2; can we utilize 100% of input service tax against 80% of out put tax liability?

2.What is the implication of Rule 6 of CENVAT Credit Rule-2004 in Case-3; Can we utilize all CENVAT credit against our service tax liability?

3.Kindly provide the procedure for utilization of CENVAT credit in all the above three cases.

If the vendor is providing the service of replacement of various machinery,which includes material as well as service, and if he is charging 12.36 % service tax then in this case whether its works contract and whether we are liable to bear 50% under reverse mechanism

sir ,

IF GTA levies 25% service tax on its freight bills , the following questions arise:-

1.Can Input ST credit in respect of 25% service tax be claimed by service receiver ?

2. Will the PRC mechanism come to picture ? if so , how mach percentage of ST will the service receiver supposed to pay ?


thanks in advance

ashok malhotra

Sir/Madam,
With effect from 01.07.2012 onwards whether Service Tax is to be collected from Trust for work done/Bills raised in the name of Trust.

Previously, Trust is not a commercial entity,Service Tax not collected from Trust.

In view of recent changes,based on negative list of Services,is Service Tax applies to Trust?
Thanks
Siva

Dear Experts

Kindly tell me how to find the Range for service tax registeration.

I have to Register under Service Tax-II Mumbai under division -IV, Service category is Consultancy.
Now from 01.07.2012 as the category of service is same for all i.e other than negetive list so how can find the range???

And also division code link available on ACES website is not understandable about the Ring Road area in delhi can any one explain this